India boosts talent pool with new blockchain module for students
The National Institution for Transforming India (NITI) Aayog has announced the launch of a new learning module for citizens who want to pivot towards blockchain technology.
The learning module was achieved in partnership with digital asset giant 5ire and Network Capital, leveraging the deep expertise of both entities. NITI Aayog’s Atal Innovation Mission (AIM) runs the module and its reach of over 10,000 schools makes it the ideal body to lead the new course of learning.
AIM has Atal Tinkering Labs around India, where 7.5 million Indian school students learn computational skills and adaptive learning.
“This innovative technology will revolutionize the way businesses and individuals interact and trade, providing a secure and decentralized platform for data storage and transfer,” the official press release reads.
5ire’s involvement in the ATL Blockchain module contributed to the core of the module, with the unicorn confirming that it used its technical knowledge in its creation. Network Capital, a career mentoring platform, handled curation and conceptualization.
The learning course is divided into nine parts ranging from blockchain introduction, benefits, the obstacles the technology faces, understanding consensus algorithms, digital assets, smart contracts and an introduction to civil identities on distributed ledgers. The course shed significant light on blockchain use cases in financial services, healthcare, supply chain, manufacturing and automotive.
“DLT (distributed ledger technology) has the potential to unlock enormous opportunities for youth, and this module will introduce students as young as grade 6 to the concepts of blockchain, which will help them solve societal problems through its application,” said Mission Director Chintan Vaishnav.
India’s DLT mission gets a glimmer of hope
Blockchain adoption in India has been growing in recent months despite regulators’ negative view of virtual currencies. Indian universities have started offering more blockchain courses in association with advocacy groups such as India Blockchain Association and India Blockchain Alliance.
Finance Minister Nirmala Sitharaman’s statement that the country expects a nearly 50% blockchain adoption rate by 2026 has given enthusiasts a glimmer of hope. The decision of some municipal councils to turn to distributed ledgers for government processes is considered a victory in the grand scheme of blockchain adoption.
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